Midday Report for Thursday 30 April 2015

12:34 PM.News from the rural and farming sectors. Audio

12:26 PM.The world rugby player of the year, All Black and Chiefs lock Brodie Rettallick faces another stint on the sidelines after suffering another shoulder injury. Audio

12:24 PM.For the latest from the markets we're joined by Andrew Cathie at Craigs Investment Partners. Audio

12:21 PM.New building consents for March are at their highest level in nine years. Audio

12:21 PM.Tourism Holdings' shares jumped nearly 12 percent after it lifted its profit forecast by up to 18 percent as it benefits from the tourism boom. Audio

12:20 PM.An agricultural analyst at Harbour Asset Management, Oyvinn Rimer, says Fonterra's latest cut to its forecast payout is not surprising. Audio

12:19 PM.Economists say there is less than a 50-50 chance of the central bank lowering the key interest rate before the end of the year, particularly given an increasing population and Auckland's red hot… Read more Audio

12:17 PM.But first, the New Zealand dollar fell more than one cent against the US dollar to 75.90 cents this morning, after the Reserve Bank left the official cash rate unchanged at 3-point-5 percent and… Read more Audio

12:00 PM.A big hit for the country as Fonterra cuts its forecast milk payout again and the dollar falls after the Reserve Bank hints the Official Cash Rate could drop. Audio